ETFs Dump UnitedHealth in Reversal

UnitedHealth (UNH) has seen a reversal in its fortunes among exchange-traded funds (ETFs), with net sales of $55.1 million on September 24, according to GuruFocus. This is a stark contrast to the previous two days when ETFs bought $23.9 million and $99.3 million worth of UNH.

The change in sentiment among ETFs can be attributed to the actions of the largest sellers, including SPY, DIA, and MTUM. SPY led the way with a sale of $28.8 million, cutting its stake by 0.69% to 10,986,736 shares.

This reversal may have some investors wondering if UNH is still a good investment opportunity. With a market capitalization of $338 billion and a trailing-12-month revenue growth rate of 7.9%, UNH remains a significant player in the healthcare sector.